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Initial jobless claims

194,000 Data for Oct 24, 2026 · Updated Nov 5, 2026

Initial jobless claims are 194,000 as of Oct 24, 2026, down 4,000 from a month earlier.

Over the past year it has fallen by 37,000. The latest reading is higher than 1% of all readings since January 1967. It was last this low in July 2026.

US recessions (NBER)
Latest
194,000
1 month ago
198,000
1 year ago
231,000
Change over 1 year
−37,000
History percentile
2th
History since
January 1967

What it is

The number of people filing a first claim for unemployment insurance each week, seasonally adjusted.

Why it matters for investors

It is the most timely hard data on the US labour market, released every Thursday. Sustained increases have tended to appear before rising unemployment.

How to read it

Weekly numbers are noisy around holidays and storms, so the four-week average is a better guide to the trend. Rises from a low base matter more than the absolute level.

Method and sources

Source: US Department of Labor, retrieved from FRED, Federal Reserve Bank of St. Louis (series ICSA). Figures are published with a lag and can be revised.

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Questions

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When are jobless claims released?

Every Thursday at 8:30 a.m. Eastern, for the week ending the previous Saturday.

What is the difference between initial and continuing claims?

Initial claims count new filings. Continuing claims count people still receiving benefits, which shows how hard it is to find a new job.

What level of claims is considered high?

It depends on the size of the labour force and the period. The change from recent lows is usually more informative than a fixed threshold.

Educational and informational only. Not investment advice.